The Shred is a weekly roundup of who’s raised funds, who’s been acquired and who’s on the move in the world of recruitment. The Shred is brought to you today by Jobcase.
[00:00:01] Hey boys and girls, it's Joel Cheeseman of the Chad and Cheese Podcast.
[00:00:14] And this is The Shred for the first week of June 2024.
[00:00:18] The Shred is a weekly roundup of who's raised funds, who's been acquired, and who's on
[00:00:22] the move in the world of recruitment.
[00:00:24] The Shred is brought to you today by JobCase, the online community where workers of all
[00:00:29] kinds like hourly employees, tradespeople and healthcare technicians access jobs, make
[00:00:34] connections and support each other in every aspect of their work life.
[00:00:38] JobCase has over 100 million workers on the platform so if you need to hire, well,
[00:00:43] you probably need to talk to JobCase today.
[00:00:45] Learn more by going to JobCase.com backslash hire.
[00:00:50] Again that's JobCase.com backslash hire.
[00:00:53] And now to the news in no particular order.
[00:01:01] Ashby, a San Francisco based ATS has raised $30 million in Series C funding bringing
[00:01:08] its total to $70 million.
[00:01:11] The funds will support product development and expansion.
[00:01:15] Ashby serves over 1,300 customers including the likes of Opendoor, Reddit and Deal.
[00:01:22] Founded in 2018, the company employs 130 people.
[00:01:28] Another one!
[00:01:29] According to the US Bureau of Labor Statistics, job openings hit a three-year low in April
[00:01:36] falling by 296,000 to the lowest level since February of 2021.
[00:01:43] Despite this, hires and quits edged up indicating strong demand for workers.
[00:01:50] Additionally, layoffs decreased by 86,000 signaling ongoing labor market normalization.
[00:01:58] Another one!
[00:02:00] Nearly a third of US retirees are considering gig work according to a survey by IndeedFlex.
[00:02:07] Nearly 72% cite cost of living as the main reason.
[00:02:12] Bit offending from this trend, IndeedFlex says they saw a 70% increase in job seekers
[00:02:18] over the age of 62 last month.
[00:02:21] A thousand US seniors between the ages of 62 and 85 were surveyed.
[00:02:28] Another one!
[00:02:30] Deal co-founder and chief revenue officer, Shuowang, is now worth $850 million and
[00:02:37] number 39 on the Forbes richest women's list.
[00:02:42] A Chinese immigrant at the age of 16, she reportedly sold scooters at flea markets
[00:02:47] in high school to study robotics at MIT and eventually co-founding air purification company
[00:02:54] Aegis before launching Deal.
[00:02:57] Shuowang is 35 years old.
[00:03:00] Another one!
[00:03:01] Amsterdam-based Carve has secured $10 million in seed funding to automate recruitment admin
[00:03:07] tasks promising to enable recruiters to focus more on candidates.
[00:03:13] Employers include Global Founders Capital and a handful of Angels.
[00:03:17] The platform, launched in March, employs 33 people.
[00:03:22] Another one!
[00:03:23] Liverpool-based pH Creative, an employer brand agency, has appointed Mark Hardwick
[00:03:29] as CEO.
[00:03:31] Mark bringing with him 29 years of experience, aims to enhance client services and drive
[00:03:37] growth.
[00:03:38] The following CEO and founder, Brian Adams, is currently the CEO and founder of Happy
[00:03:43] Dance, a company focused on candidate experience.
[00:03:47] 20-year-old pH Creative employs 111 people.
[00:03:53] Another one!
[00:03:54] And lastly, friend of the pod and recruitment industry icon, Steve Levy has started
[00:03:59] a new position at DHI Group, the company behind Tech Job Board Dice and Clearance
[00:04:05] Jobs as their principal talent advisor.
[00:04:09] Prior to his new role, Steve was a lifeguard in the 70s, a skill that might serve him
[00:04:15] well now that he's on the Titanic.
[00:04:18] Guys, all employee data is provided by our friends at LinkedIn.
[00:04:23] Be sure to tune into the weekly show for this and more news and commentary from
[00:04:26] the world of recruiting.
[00:04:28] Big thanks to JobCase for supporting the Shred.
[00:04:30] No matter the size of your company, you can quickly find great workers in the JobCase
[00:04:35] community whether you need one employee around the corner or want to hire hundreds across
[00:04:39] the country.
[00:04:40] JobCase helps you find the right people and find them fast.
[00:04:43] Hit up JobCase.com backslash hire today for more.
[00:04:47] Again, that's JobCase.com backslash hire.
[00:04:51] Cheeseman out.
[00:04:52] Adios turd nuggets!
[00:05:02] We'd never admit it, but deep down we all get at least some pleasure from bad things
[00:05:06] happening to somebody we don't like.
[00:05:08] History's full of stories about bitter enemies being mutually horrible.
[00:05:12] Usually nothing good comes of it.
[00:05:14] But sometimes, sometimes, you get soul singers James Brown and Joe Tex or 17th century
[00:05:20] nun Sor Juana and the entire Catholic Church duking it out and dramatically changing
[00:05:25] our world.
[00:05:26] On Beef with Bridget Todd, we tell the stories of those petty feuds behind some
[00:05:30] of the greatest art, innovation and global events.
[00:05:33] Listen to Beef wherever you get your podcasts.